autonomy, although we know that story is far from being over. up 26 cents. have a great thanksgiving. we will see you on black friday. back to headquarters. scott wapner and the "fast money halftime." >> four hours to go until the close and here's where we stand now. there's a look at how we're faring. the dow industrial up nearly 30 points. nasdaq barely holding on to positive territory. here's what we're following today. the ceo of israel based soda stream speaks to us live as a bus bombing rattles tel aviv. but first, let's get to the story all of wall street is watching and that's the trading scandal that is embroiling sac capital. kate kelly has the latest.

>> thanks so much, scott. there's a lot of talk of course and one big question given this is just the latest development in an ongoing federal investigation of potential insider trading dealing with former employees of the firm, but yesterday's news which involved the arrest of a former sac employee appears to have drawn stevie cohen into the fray as well. although he is not named by name in the federal or s.e.c. complaint, it clearly seems to be he who discussed one of the trades involved with this former employee and in fact authorized the trade to take place although we don't know what cohen knew about whether the information was ill gotten or not. so the question now becomes what is the investor reaction? are people thinking of redeeming the money from sac or not? this is a firm that has really outperformed, especially in recent years. this year, they manage about $14

billion. up more than 10%. also charge some of the largest fees in the industry. 3% of expenses. 50% of upside, so this is pretty high. they've i guess justified it because they perform so well. investors have not redeemed in any meaningful way, but i did speak just today to a fund to funds manager who decided they would redeem capital last night. this person said he was sick about the decision. he feels strongly in a positive way about sac in their performance, but his own investor, several of them, got nervous about the news yesterday and thought we're not sure how long we can hang with this. we don't know what the out come's going to be, but we're starting to become very uncome rtable. it remains to be seen whether this will prirl. >> do we know how much money was pulled of the 14 billion or so mr. cohen has under management? >> it's a relatively small amount. in the tens of millions. so this is really as the person even put it to me, a rounding

error to cohen. cohen and his own qualities and insiders of sac have something like $8 billion out of the total 14, so it's a very stable c capital base. this e dems is not going to move the needle in a major way, but it kind of shows you what people are thinking. >> it underscoring the risk, right? the reputational risk that's involved here. it's one thing for a ceo to have an issue where the reputation may be questioned, but this is a guy who runs a hedge fund, right? he's not an iconic figure. investor money is the life blood of the fund. >> for what it's worth, cohen himself has apparently complete confidence in the last day or two. i'm told he was very upset with the news that latest complaint was coming. i'm not sure how much advanced warning he was given. at the same time, he told employees after the staff meeting yesterday, look, keep doipg what you're doing. we are in a perfectly good

position. we have put in investor protections. steve cohen covers any sort of legal lawyer fees of ill gotten gains if anything comes to that. they changed that structure so that investors wouldn't be involved. so he's told people to just keep their heads down and do what they do and at the same time, this seems to have rattled the staff there. >> kate, stick with us. you know, we're talking about -- another investor in sac, the managing partner, guy you know well, frequent guest on our show joins us now. anthony, welcome to the show. good to have you on. >> scott, how you doing? >> good. so, you're an investor with sac. are you pulling your money? >> i think the entire thing is overblown. two, he's an exceptional

investor, got a great reputation in the industry, he's a philanthropist and great guy. they have the tightest insider trading. an enemy of witch hunts and political witch hunts, it's very unfair and i think the story is overblown and people our innocent until brooufproven gui. he's also let out a statement saying he's in full cooperation. >> but to be fair, the government has charged a portfolio manager at one of sacs units with the biggest insider trading scheme in history. >> on interstate highway, we're going to take them the president of the teamster's union. >> i would counter by saying it's not the first time cr

intrinsic has come within the cross hairs. >> that's right and i believe this is the fifth former employee to have been involved in this type of investigation. there's been a series of investigations. >> put in this insider trading protocall. you're 100% right there are rogues in our industry and they're all doing the best we can to defend ourselves against these sort of rogue people, but if you go around our industry and talk to research people that study funds, sac capital has the tightest insider trading protocall in the industry right now. >> here's a question i think people are debating. i think that's fair and i think the question is this. this is a pretty large hedge fund. they have about 900 employees. now, is the fedotenko targets one large and successful hedge

fund or is it a case where this activity may have been part of the culture of sac and therefore, they're really on to something that is unique in a negative way? >> and i think sac's answered that debate by saying they don't like this sort of behavior in their culture. they've put up a total reformation of their compliant and protocal and we've both been around the street a long time. there are rogue people. i worry about it every single day. we have a zero compliance, non compliance tolerant policy. you can ask my chief compliance officer. there's no fooling around in our industry, but there are people in our industry that are rogue. i don't think steve cohen is one of them. he has not been indicted. there's been nothing proven about steve cohen and i think in our country, we are innocent until proven guilty. >> and we should also -- >> i'm happy to come on the phone and to rebut this stuff, not that i know anything more

than anybody else, but i think we go a little crazy on people with the media and the politics, okay, it's unfair. >> again, anthony, look, i appreciate your opinion. we're simply stating the facts of what the feds have alleged took place in the unit of sac. >> speaking to the fact, but we owe the viewers some analysis of the facts. >> just talked to this investor, he himself told me if i were managing my own money, i would keep it in sac. i don't know how i'm going to replace them from a performing perspective. how do you necessarily study the details? >> the fund manager you're talking about is not doing his homework because they have very, very tight insider trading protocalls at sac capital and

the guy has performed from 2008 through 2012 during that period of time. >> so, let me just ask you -- >> say maybe you need to hire more research people to look into this stuff more carefully. >> if you have an ultimate investor in sky bridge who says look, i don't want my money in one of these investment that is you have, either you pull the plug on that or i pull the plug on you. >> the reason why sky bridge has outperformed the fund to funds industry is that we are independent thinkers and we are very, very rigorous on the research. very rigorous on the operational details. we wrote a whole book abt, kate, so if one of our clients doesn't like our strategy, they can leave, which i totally respect and understand. that's why we have a 90-day lock up. we have a very intense process. we're very passionate people and you have to have some

independent thinking in our industry to outperform and if the herd is moving in one direction, sky bridge likes to think about things carefully and sometimes be a contrary yan. >> i really appreciate you calling in, having this conversation. >> happy thanksgiving to you. >> you, too, buddy. i'm ready to have turkey and cranberries. >> okay, let's focus on the turkey and cranberries, guys. >> at some point, you have to weigh performance against reputation when you're consider putting a lot of money with a hedge fund manager, whether it's steven cohen or anybody else in the industry and at what point does one trump the other? the guy could perform for a number of years. if you're worried about his reputation, does it change the thinking? >> he has such a good reputation though. i know we've had a couple of incidents in the past, but this is the big one. i think that the numbers really speak for themselves and the tight controls we've all heard that he has within the organization and so, i kind of

lean with -- on this in that you've got to do your homework and he has the good performance and numbers and this is kind of again, i feel it as a one off situation. >> i think kate misspoke for a second and she said five incidents at sac. that's just not true. some of those, a few of those five, i think three or four of the five were incidents of people that left sac and were then indicted. number two, to think that steve cohen having been in discussions with the s.e.c. in terms of other people who have left sac, for the last few years is normally beginning to go ahead and commit a billion dollars to a trade with the s.e.c. in the background and on inside information is absolutely ludicrous. >> look, i appreciate that. used to work at sac. i know you know steven cohen, so your opinion comes from perhaps

a different place than many others do. fact of the matter is none of us know what if anything mr. cohen knew when he knew it or what he did or didn't do. >> true. >> right now, he's not accused of doing anything. sac isn't either. leave it at that. still to come, there's a stock benefits. we're get retail winners and losers and he's made a name on the street for his accurate stock market forecast. why byron wien believe the markets will soon cause pain.

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black friday marks the start of the holiday subpoeeason, but will open their doors tomorrow to get a jump on sales. which stocks should you pick up this year? doc? >> i'm shopping at tj maxx.

this stock is cheap and i like buying cheap stocks just like i like buying clothing on sale at tj maxx. this thing is cheap. they're going to get whoever the losers are, they're going to be making a big mark up on it. >> even cheap for a stock that's been up 30 plus percent year to date. >> you look at the last month, you've got some outperformance in a significant way from the buckle. one of pete's favorite stocks. >> bk, thanks for your patience. what's on your list? >> i mean, i actually did do a little shopping myself at t.j. maxx, picked up ath lletic gear and the place was jamming. for me, i think the best retail

out there is apple. i know they have all kinds of issues. they're down 20% from the highs. i think everybody's going to be anticipating all these christmas gifts they're going to be buying, particularly the ipad mini and i think apple l is a great buy. >> how about weiss? >> macy's. we heard what j.c. penny's said. their sales are down. macy's is the primary beneficiary of those lost sales. they've got momentum. the stock's been frozen in time, i think we'll see it break out and the company down played expectations in the conference call after earnings. so very attractive about 11 times earnings. i think this is one you have to earn? >> what looks cheap to you this year? >> ross stores is actually cheaper. the one we owned -- >> didn't we fast fire you on that? >> you did. mid 50s, i like the stock.

much cheaper than tjx. the one i would focus on would be bed, bath and beyond. the stock is down 22% from its highs. largely on margin concerns, which is really tied to the cost plus acquisitions. the other one i want to take a look at is nike. splitting the stock, raising, they're selling a lot of different noncore assets, so that will be the other one. >> it's been a strong year for stocks with the s&p 500 up 10%. what's in store for 2013? byron wein joins us live. welcome back. good to have you. >> good to be here. >> wish you a happy thanksgiving of course. >> thank you. >> what are you seeing here for 2013 in the market? >> they're not predictions, they're surprises. working on it right now, so i

haven't really concluded, but there are quite a few cross currents we're going to have to deal with. you've got the uncertainty about the economy, then layer on top of that, chinese transition, there's plenty to worry about. >> i should let you know we have steve liesman here. he was inside the room yesterday as chairman bernanke was making his comments in new york. which really seemed to say, don't look to us to fix it, that being the fed. >> yeah, i don't think the fed could fix it. they've done just about everything they can do. they lowered interest rates, flooded the system with money. so, monetary policy has done its job. what you've got to do right now is you've got an economy that

probably next year will grow at best to 4% nominally. you've got the fiscal cliff could be another 4% off that, taking it right down to zero. i don't think they'll do the whole thing. i'm interested in steve's view of this. i think they'll do about 1.5%. but that brings you from four to 2.5. you're down to a half a percent growth. that's not very much and i think earnings are going to struggle in that environment. >> i think you have the math right, byron. as usual. let's just do it another way. the fed is purchases $85 billion of long-term securities every month, what we're talking about here is off setting. there are four or five percentages points. any trader who did a simple math could have figured out, the

market was -- which is how you make your money, the market isn't paying attention. >> and let me preface by we'll throw up a chart of what happened yesterday in the market when the fed chairman seemed to say they didn't have the tools, the market fell off a mini cliff and slid down about 70 points. i just put that into context as you answer the question. >> i think that people are expecting too much out of bernanke because they know we only have monetary policy to deal with. we're not going to get any fiscal stimulus and they're looking to washington to get this thing going again, but washington isn't in a position. washington is busy taken points out of the economy, not putting points back in. one thing you haven't talked about is housing and it's the one favorable thing that we have in the outlook for 2013. >> which the chairman was

positive on yesterday. >> yeah, i know, but this could be a big deal. could be a half to 1%, steve. i don't think it will be any more than that. what do you think? >> i think 1% would be a great number. i think when i look at the levels of housing starts in this country relative to the demographic, it's as if we're building homes for a 19th century population of america. i don't know where kids are living these days. i think if you guys haven't already, the best trade of all has been the fu ton couch trade because that's where people have to be living these days. the other thing that's interesting to me is when, if anything was sort of new yesterday with bernanke saying that you know what? no matter what happens, even with a fiscal cliff deal, the government is going to be a drag on growth next year and i think it's a housing federal government balancing act where you may get a percentage point from the housing, but you may get a percentage point off from the federal side even if you get

a fiscal cliff deal. >> where would you be then investing next year? where would you urge people to invest based on your outlook and the comments you just made on housing? >> well, i would continue to focus on the growth areas. foorm suit cals and text message. you've had a hit here in the correction after the election. and you've got some of these things, they were just mentioned by some of the participants in the fast money group. i would you know, focus on pharmaceuticals. technology. and there are opportunities in higher yield instruments, too. where you're treated very generously, assuming we stay out of the a recession. >> why doesn't anybody like retail around here? the consumer has not shown fiscal cliff effects yet. we have wages are up. the next segment, i'm going to do that holiday check-up in the next hour and the numbers going in, does anybody remember this time last year going into christmas, the unemployment rate

was 9%. home prices were falling. we have a 7.9% unemployment rate. still too high, but better and wages and housing prices are up. it was 63 this time last year. >> are we underestimating the consumer? >> i think you are, frankly. i think the consumer is poised to go out and spend money in christmas and not worry about fiscal cliff because the fiscal cliff isn't going to calm the consumers mind. they worry about the downgrade to u.s. debt. i think the consumer is actually okay, which is why i like macy's right for the middle class. >> we look forward to having you back and enjoy thanksgiving. coming up, the as stock trading at ten-year lows today. is this a once in a lifetime opportunity for you to get in? we'll get details ahead and we head to the pits to tackle what happens to gold if the u.s. can't avoid the fiscal cliff and

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it is time for our top three trades as we make the turn on the half. first up, hp trading at ten-year lows. jim chenos called the company a value trap in july. here's what he said this morning on "squawk." >> we are still short hewlett-packard. this is a board that i think needs to do some rigorous examination. until we see whether they have a mobility of tablet strategy, this is a company that's going to be a value trap. >> is this a trap you're willing to contend with? >> it's a trap i was willing to go out there and grab that cheese just for a second though, judge. i'm just in the weeklies. the reason is that this morning, a couple of really big trades, thousand lot trades, went off for a nickel in the weekly 12

strike called. these calls went up over 10%. might not seem like a trade for folks used to hearing bigger numbers, but if you can quadruple your money, the stock traded up and threw 12. it's not a long-term trade. i agree with chenos. >> over to tyler math son with some information on hostess. >> you can never get too much of this story, can you, scott? let's talk about the fact that hostess' lawyers and the union's lawyers, others as well representing secured and unsecured creditors are in court today as hostess presents its liquidation plan. the lawyer says that they see very healthy competition for some of the hostess brands, the twinkies, ho hos and more. the details of the mediation

session that was yesterday and not successful, the judge says those details, specifically, why the talks did not produce some kind of resolution, will not be released. the creditors panel say they're not going to take any action against the secured creditors. both of the secured and unsecured say they will agree to one day's extra pay for all hostess employees as part of whatever resolution there is. hostess is going to kobt to pay health insurance and the final headline here as i take a bite out of one of these things because you need audio-visual a aids here. how do they get those curly requeqs so good on there. let the feasting again, folks. enjoy. >> ty has no credibility, having a vanilla cupcake. >> it's orange, man, it's good.

little creamy stuff right there on your finger, it's good. really good. >> we'll see you at the top of the hour. meantime, washington lawmakers maybe be off, but fears over the fiscal cliff are still front and center. could gold be your best play? jackie is the host of "futures now." she's got her eye on her traders are playing now. >> investors haven't been holding out in spite of the uncertainty. the question is why isn't gold breaking out and if we get a deal, what will it mean for this trade? anthony is at the nymex in new york. jim is with us at the cme in chicago. anthony, let's start with you. what are we expecting -- >> i'm going to interrupt and let you know about some breaking news coming out of the middle east. we understand that a cease fire

between israel and hamas could be announced. we're looking at the secretary of state who's in cairo. that's hillary clinton speaking there. but again, the news we're learning here is that the cease fire between israel and hamas could be announced sometime later this afternoon. comes on a day when there was that bus bombing in tel aviv. at least 27 people injured there. we've been watching the reaction in the oil markets. as officials try and forge a cease fire in the region. we'll certainly keep you up to date on what's happening there as we look at the secretary of state who's in cairo right now. guy, where do you want to go from here? jackie? is jackie still there? >> i'm still here. >> oil trade. >> the news of the cease fire potentially impacting what we're seeing in the pits, but let's talk about the gold story. what are you looking at right

now in terms of the fiscal cliff deal and also, this news coming out? >> oil just turned negative. down to about 20 cents a barrel after being up about 75 cents a barrel earlier in the day, so positive news coming out of the middle east and affecting the oil markets. the turkey is thawing. let's see if the gold market can heat up. what you're seeing in gold is the longs are content where they are. no shorts coming to the market with the fiscal cliff uncertainty, so on the downside, i'm looking at support at 17.10 and on the upside, about 17.35. i think what's evident, if we get a real deal, one where they address the top tax rate, the spending cuts, i think initially, it's bearish for gold, but i think after that, the qe kicks?

>> i want to bring in jim on the discussion. the news of the cease fire coming out. what are the levels you're watching in gold right now. in oil right now. >> i believe the it's the january contract and if it's below 84.54ish, it means the market really believes that a cease fire is going to be more than just a fleeting thing and i think we could take off some, i would say long it right now until we take our last week lows at those levels. >> that's a huge number right there. >> you agree with that? >> absolutely. a huge number in crude. it's he will their -- >> the question is, are you buying or selling against the fiscal cliff fears? vote in our poll. we'll give you results on our website and also, we're off tomorrow for the holiday, but live streaming shows are back next week, tuesday and thursday, 1:00 p.m. eastern.

scott. >> thanks so much. we're going to continue to monitor this story about this announced cease fire in the middle east. we're going to go live to tel aviv and talk to the ceo of a popular israeli company publicly traded in the united states for what he's doing and how he does business in the region, but big news, egypt announcing a cease fire in gaza. secretary clinton is there speaking in cairo. at this hour. again, we'll keep you up to date on the very latest when we come back.

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welcome back. market is moving a bit. i want to show you what's take place with the major averages

here on this news out of cairo at this hour of a possible cease fire between israel and hamas. will take place later this afternoon. at least the announcement of it being made now. you can see the reaction in the market here. a little bit of a pop for the dow, which is up about 46.5 points now. nbc reporter stephanie gosk is on the ground in tel aviv with the latest and this is big news, apparently, huh? >> it really is, scott. you have secretary clinton alongside egyptian president mohammed morsi announcing a cease fire has been reached. this apparently was egypt's idea and secretary clinton congressmened mohammed morsi on what he has done, the constructive involvement he's had in this process, essentially brokers where they are now. but important to note this is a cease fire. it goes into effect in an hour and 20 minutes, but this is not a comprehensive deal. this doesn't address a lot of palestinian concerns about the blockade or their quality of life or for the israeli's safety

and security in the future about these rockets that have been coming out of gaza. >> comes on a day obviously when we were looking at pictures of that bus bombing in h tel aviv. >> exactly. that's incredibly disconcerting for the people of this city. tas scene they've been many times before, but there hasn't been a bus bomb ng israel since 2004 or a terrorist attack since 2006 and seeing that scene on the ground today will be all too familiar for people. the problem is instead of rockets coming in, you're talking about people among us attacking us, it is a very disconcerting proposition, but those two events, the cease fire and this bomb this morning are not necessarily linked, although it does talk to the larger issue of long-term peace between israel and the palestinians. >> thanks so much. stephanie gosk on the ground in tel aviv. let's show you the markets again because they are moving on this news. the dow industrials at the highs

of the day now. there's the s&p 500. it is well as the highs, a two and a half point gain. the dow is more substantial to the upside. one-third of one percent. let's look at what's happening in the oil market as well. bk, you've seen at least brent crude take a dip here on this news. i would assume that wti is pulling back as well. there's a look at the chart. >> and this is actually very, very big news because one of the biggest threats we had to our u.s. economy rising oil prices, rising gas prices. with the fiscal cliff, that would have been a real problem for the u.s. economy, so this is very positive, but the oil market will be key in this. if the oil market reverses and goes higher and closes green on the day, that will tell you that the markets do not believe this cease fire's going to hold. we've had several of these over the last, well, thousands of years, but let's call it ten years for now, that have broken. watch oil.

that is your key. >> investors seem at least willing to trust the headline because the dow industrials have added a bit more to the gains we have seen. there's a look at the dow, up 47 days. coming up, the soda stream ceo on how to manage a global company in times of uncertainty.

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today, on a twinkie free power lunch, stores need consumers, but how healthy are they? steve liesman with a key snapshot that could forecast the season and what's the deal at sac? we're going to look at what may be the spotlight now clearly on his firm and beat the clock. do stores really deliver on those in-store pick-up promises? find out today. now back to scott and more. >> we'll see you in about 15 minutes. so, what's it like to do business in israel right now? soda stream is one of several u.s. publicly traded companies in that country. daniel is the company's ceo and joins us live from tel aviv. great to have you today. thanks for joining us. >> thanks for having me. >> we have watched your stock react to this news coming out of cairo of a possible cease fire between israel and hamas. can we get your reaction to that breaking news? >> well, i'm not watching the

stock, i'm watching the company and we're just focused on the production as this is not a new situation for us. it's a tragic situation and it's a troubling situation. that's really disturbing many people in israel, but it's also inspiring to see how the israeli people and also my people at soda stream with focused on business as usual. the lines are running 24/7. we're cranking product out. taking orders. we've not missed a single delivery and we've already completed the delivery of the holiday season to all the markets we're no, so business as usual. >> which i think would be somewhat surprising for folks to hear that you're able to do business as usual at a time like this and in an area where you operate. >> well, i don't want to trivialize the disruption to daily life, but there's something here in the people that part of winning is not

folding and it's keeping the routine. i went to a theatre show with the israel national theatre two days ago with my wife in tel aviv and before the show, someone from the staff got on the stage and said in the even a siren will go off, please stay in your seats and we will resume the show after that. there was not a siren, and the theatre was full as was the coffee shop we went to after the show, so life goes on here, and it's inspiring to see this. just part of the way of life in israel. >> i'd like to segway if you'll allow us to talk more about your company's business specifically. most recent earnings report, fantastic. people hard pressed to find anything wrong with it. you blew away expectations. why do you think though your stock has underperformed your own performance? >> well, you know, i think investors can also make mistakes and day will come, i'm confidence because i'm confidence in the performance of our company and in the potential, the growth potential

of soda stream. we're just in the beginning of the soda stream revolution. i'm confidence that the stock will show the true value of this company. and we're focused on management, focusing on delivering quarter after quarter after quarter in the last nine quarters and i can't tell you why the stock is reacting as volatile and as weird it is. >> are you offended by comparisons that some want to make to green mountain in terms of escalating competition, in terms of patents and then certainly with the direction of the stock? >> well, i can't say i'm offended. i can say that i recognize a few misunderstandings about soda stream among the u.s. investment community. one of them is the comp degree mountain. we're a very different business. we are an all day business. you drink soda all day. we're an all family business.

not only adults who drink coffee. we're in a much bigger category. soda is a lot bigger than coffee and we are an international business. in 45 countries of the world. u.s. only represents 28% of our sales, so we're a very different animal, if you will, but yet we are so comped to green mountain as if we were identical. there are other misperceptions of soda stream, for instance, that we will grow to the number of doors we are selling out. that is true for a mcdonald's, a lulu lemon, but we are a consumer protect and don't grow as to how many doors we're selling out. there's all kinds of other misunderstandings about the company. i got to take responsibility for those because it's my job to educate the consumer, but we are a unique company. there are not many of those out there. we're growing 49% for the last

three quarters, so it's a tremendous growth stock and we're so excited about the we're going to have a great holiday season, we are excited about the kickoff of that and there is a lot of growth ahead. >> are you a good advocate for it, sir. thanks for coming up. >> thanks a lot. happy thanksgiving. >> likewise. thanks so much. steve, you own the stock? >> i do. for every reason that he said. you came over to my house, use the soda stream product. went out and bought one yourself. >> i did. in full disclosure. i have one. i like it. >> less than 2 million units in the u.s. tremendous growth ahead. i think it is compellingly cheap. >> turning our attention to currencies as we follow all the markets on the halftime show. we are at the highs of the day on the dow, plus 50 or so after this announcement of a cease-fire over between israel and hamas. after all-night talks, there's still no deal to fix greece's debt problem. though some say one may come on

monday, the issue is weighing on the euro, though today as you can see maybe a reacting to this news we're getting out of the middle east. looks like the euro's getting a little bit of a pop here. >> like you said. but it recovered very, very well off the initial shock that they failed to do a deal overnight. i think the reason why is because the market pretty much understands that ultimately they're going to have to do a deal. this argument they've been having the last couple of days, whether to extend the deadline to 2020 or 2022, it is like the medieval monks talking about how many angel did dance on the tip of a pin. they're trying to extend maturities of greek debt and lower their interest rate. i think what they have to do is extend maturities to 100 years and make interest rates 0%. all of this i think ultimately should resolve greece and hopefully lift a little bit of the sovereign debt risk from the euro. my trade right now is i want to be long euro against the great

britain pound because i think the uk economy is much weaker and i think pound is getting a lot of benefit from safe haven bids. i want to be long euro/pound. fir i think once we get this lift of sovereign debt risk we're going to have a little bit of a pop in neuro/pound. >> boris, wish you a good holiday. traders give you the trades to be thankful for so stick around. ♪

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♪ ♪ tom turkey ran away but he just came home ♪ well, in honor of thanksgiving, we thought it would be nice to go around the horn and say what we're all thankful for in terms of trades this year. >> you know, in a market that's up low double digits and running a hedge book, you got to be thankful for shorts that keep on giving. that's jcpenney. >> i knew you were going to say that. >> it's been a great short and it is going to be the gift that keeps on giving. don't even have to shop for it. i'm keeping it. short. >> arena pharmaceutical. the stock made a monster pop from april when it was a $2.50, $2.2

$2.80 stock. >> warehoueyerhaeuserweyerhaeus. housing the common theme but their reit structure has lowered their cost really substantially. i continue to like it. look to buy at under $25. >> usg been a monster this year. i'm very thankful for that. it has been volatile but i would take some profits now. on the other side of the break we'll give you your thanksgiving final trades. in the next hour, stores are making different and aggressive guarantees this holiday season. are they keeping their promises? find out at 1:00 p.m. nouncer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro.

yes, it is. well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know.

he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. time for our final trades. what do you got? >> sandisk. buy it. it is just increasing in share. >> the rumors of natural gas's death are greatly exaggerated. buy ung. >> nat gas making a run at $4 on that data today. >> seagate. weekly calls. $27 strikes